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    Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

    Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

    Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes of gold in July, extending its buying streak to 21 months.U.S. CPI data is the next test as gold traders watch the $4,500 level. The metal ran as...
    Stellar price risks a deeper correction toward $0.142

    Stellar price risks a deeper correction toward $0.142

    Key takeaways  Stellar has fallen below a critical support zone. The long-to-short ratio for XLM has declined to 0.94 and 0.90, respectively. The funding rate for XLM has turned negative, reflecting stronger demand for short positions. XLM continues to underperform...
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